Hyperliquid Token Faces Key Resistance as Price Tests Support Levels

After a drop below the $30 mark last week, Hyperliquid (HYPE) has rebounded slightly to around $36. This bounce comes as the market tests crucial resistance levels that could impact HYPE’s trajectory next. 2% gains in the past 24 hours and a 4% increase over the past week highlight this brief recovery. However, key support levels remain on the table.